10 Best Low Volatility Stocks to Buy Now

6. Exxon Mobil Corporation (NYSE:XOM)

5-Year Monthly Beta: 0.58

No. of Hedge Fund Holders: 104

Exxon Mobil Corporation (NYSE:XOM) is a global energy and chemical company. The company is involved in the manufacture, trading, transportation, and sale of a wide range of products through 4 main segments, namely Upstream, Energy Products, Chemical Products, and Specialty Products.

Exxon Mobil Corporation (NYSE:XOM) also announced leadership changes within the company, with Karen McKee set to retire and Matt Crocker appointed as President of ExxonMobil Product Solutions Company, with effect from May 1.

Exxon Mobil Corporation (NYSE:XOM) is highly susceptible to headwinds in commodities, namely the price of oil. The Wall Street Journal reported that the price of oil/barrel could be as low as $60. The current global trade landscape is marked by increasing tariffs and trade tensions between the US and retaliatory measures from other nations, particularly China and Canada, which have the potential to impact the company’s export strategy due to lower global demand.

Despite these hurdles, Exxon Mobil Corporation (NYSE:XOM) continues to show stellar performance through its financials. The company had a topline of $83.43 billion for Q4 2024, with an EPS of $1.67. Looking forward, XOM has outlined plans to focus on increasing synergies from acquisitions, growing new business earnings, and achieving further structural cost savings. The company aims to increase Upstream production and high-value product sales, while diversifying by investing in lower emissions opportunities and maintaining a robust capital expenditure program. This includes its project in Guyana, LNG projects globally, alongside advancements in carbon capture and storage technologies.